The Czech Republic’s Export Bank and Slovakia’s Eximbank are to sign an
agreement on cooperation in supporting joint Czech and Slovak business
ventures abroad. The agreement, which is to be signed in the Slovak capital
Bratislava on Tuesday, aims to bolster the two countries’ positions
particularly on markets in the Far East where the now defunct label Made in
Czechoslovakia still has a high brand awareness. The head of the Czech
Export Bank Karel Bureš told the daily Mladá fronta Dnes that the
agreement did not envisage the revival of the Made in Czechoslovakia label,
an idea that was recently rejected by the Slovak president, but merely
intended to support the two countries’ joint presence in business
ventures and thereby increase their competitiveness.